$XRP Currently, XRP is priced at $2.08 USD, with a variation of -1.89% compared to the previous close. The intraday high was $2.16 USD and the low was $2.05 USD.
Technical Analysis:
• 15-Minute Chart:
• Trend: A slight downtrend is observed in recent hours, with the price forming lower highs and lower lows.
• Technical Indicators:
• RSI (Relative Strength Index): Approximately 45, indicating a neutral position, with no clear signs of overbought or oversold.
• VWAP (Volume Weighted Average Price): The current price is slightly below the VWAP, suggesting selling pressure in the short term.
• 4-Hour Chart:
• Trend: XRP shows consolidation after a recent drop, oscillating between $2.05 USD and $2.16 USD.
• Moving Averages: The price is slightly below the 50-period moving average, indicating possible resistance in this region.
• VWAP: The price is close to the VWAP, suggesting a balance between buyers and sellers.
• Weekly Chart:
• Trend: Indicates a long-term uptrend, despite recent corrections.
• Support and Resistance: Significant support is around $1.95 USD, while the main resistance is near $2.50 USD.
• VWAP: The price is above the VWAP, signaling a prevailing uptrend in the long term.
Trading Volume:
In the last 24 hours, XRP's trading volume was approximately $2.14 billion USD. Compared to the weekly average, there is a slight decrease in daily volume, indicating a reduction in market activity.